News Formal

Stock market reopens upbeat as index rises 1.38% | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 94%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

“Following the recent trend in the market, we expect the market to continue its gaining streak this week.” StockMarketIndex StockMarket NigerianStockExchange

Precisely, at the close of trading on the equities sector of the Nigerian Stock Exchange , Monday, the All Share Index , rose by 370.89 points or 1.38 per cent to 27,339.68 points. Accordingly, investors gained N179 billion in value as market capitalisation went up to N13.199 trillion.

Market breadth closed positive as 12 stocks posted gains while 14 declined. FCMB Group recorded the highest price gain of 10 per cent to close at N2.09 per share. On the other hand, PZ Cussons Nigeria led the losers’ chart with 9.73 per cent to close at N5.10, per share.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indices rebound by 2.09% over renewed stocks’ appetite | The Guardian Nigeria News - Nigeria and World News“We expect that Investors would focus on the upcoming full-year earnings season, targeting companies with strong potential to grow their dividend on the strength of their earning capacity.” Stocks
Source: GuardianNigeria - 🏆 1. / 94 Read more »